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Renowned Russian Scholar Warns About Unforseen AI Dangers

Renowned Russian Scholar Warns About Unforseen AI Dangers

The historian and author Yuval Noah Harari has expressed significant concerns about the potential consequences of artificial intelligence, stating that its intricate nature makes it challenging to predict its risks.

Harari emphasized the difficulty in foreseeing the numerous possible dangers associated with AI, unlike the singular catastrophic scenarios more readily understood, such as with nuclear weapons.

Harari, a vocal figure in raising awareness about AI development, praised the recent global AI safety summit’s multilateral declaration as a crucial step forward.

He highlighted the significance of international cooperation among major governments, including the European Union, the United States, and even China, signing the declaration as a positive indication. Harari emphasized that without global collaboration, reining in the most perilous aspects of AI would be immensely challenging.

Following the summit, an agreement was reached among ten governments, including the UK and US, along with the EU and key AI companies like OpenAI and Google, to collaborate on testing advanced AI models before and after their release. Harari stressed the distinctive challenge posed by AI due to its autonomy in decision-making and learning, making it inherently difficult for humans to foresee all potential risks.

Regarding the specific dangers, Harari pointed out the potential threat within the finance sector. He noted that AI’s capacity to create highly intricate financial instruments, potentially beyond human comprehension, could lead to a crisis similar to the 2007-08 financial crash caused by poorly understood debt instruments.

Harari underscored the catastrophic risk an AI-generated financial crisis could pose, although he clarified that it might not directly cause the collapse of human civilization.

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Harari recommended a focus on establishing robust regulatory institutions staffed with experts capable of swiftly responding to emerging risks in the AI landscape. He stressed the need for these institutions to adapt to new technological breakthroughs rather than relying solely on specific predetermined regulations.

He highlighted the recent announcements about the creation of AI safety institutes in the UK and the US, underlining the importance of these bodies in understanding and testing advanced AI models before implementing legislation to manage them, as articulated by Rishi Sunak and the White House.

In summary, Harari advocates for the establishment of agile regulatory institutions with a deep understanding of AI’s implications, particularly in finance, to address and manage the risks associated with the rapid advancements in artificial intelligence.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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